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Tom Nash
Tom Nash

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Extremely undervalued biotech stock

Hey Patreons, 


I was on Benzinga live yesterday and talked about a very exciting biotech company, which is currently extremely undervalued,  in my opinion.  The company is trading under the ticker BCRX and is called BioCryst Pharmaceuticals, Inc.  The current price is $10.53 as of February 2, 2021. I think the realistic price for this stock should be around $18, within the next 6-12 months. FYI - I purchased a few thousand share yesterday at $10.43 so its important to disclose that. 

Comments

Hi @Tom are you still holding on to BCRX or is this time to get out.

SP

@Ani Popescu try finviz https://finviz.com/quote.ashx?t=BCRX

Costin Lungu

hi @lyubomir Great seeing your research. I am new ..please can you share where you are following up the short interest on stocks? Thanks

Ani Popescu

OK, I read a bit about this company and I was going to buy some shares but then I saw the Short Interest which at the moment is 20.17%. I wonder what do you think about that, Tom? Isn't that a bit risky? This percentage seems a bit higher to me.

Lyubomir

"I purchased a few thousand share yesterday at $10.43 so its important to disclose that. " I actually understood from this sentence that you bought 2k shares @20k$. Is it my english or...? πŸ€‘

Mr Makuffa

Thanks Tom πŸ€‘πŸ»

Ionut Bacalu

Here you go. Bought it for days ago. Still holding lol

Generico Fakero

<img src="https://c10.patreonusercontent.com/4/patreon-comment/eyJ3IjoxNjAwfQ%3D%3D/8sUDwaZBpEBxxwsLqLBE6tTocHOVXbBtL8FgFW5RoEf0zNRNjcNf7_9bpGr4iPvE.jpg?token-time=1740441600&token-hash=GLWWoVtM8WcBmXsb-ro8y1_h3YAppCIm5UcW1Oeiqxo%3D"><br>

Generico Fakero

I also trust him, that’s why I’ve became patron, but I would trust him even more if he provide us some evidence that he is buying what he’s buying!

Ionut Bacalu

Why a screenshot? If it's to prove anything, it's easy to generate a fake one. I thrust Tom on this. Maybe when he says publicly he buys something he could say when he sells it.

Charles Pare

Hello Tom, when you are buying stocks, could you please share with us a screenshot of the trade? Many thanks!

Ionut Bacalu

I bought this stock in blind trusting Tom's recommendation but the more I research on it to more I realize that there is like a cult following for this stock and some drama there also. Oh...and don't forget about the short selling. What did you guys find?

Costin Lungu

The support line was at 9.50

Costin Lungu

There's talk on reddit wallstreetbets about bcrx...

Costin Lungu

bough today ! Thank you Tom!

Fabien Nicolas

guy should I buy the dip now its on 9.64 ? or wait

yazan

Personally I prefer a long play. I keep a small amount to gamble but for the majority of the money I prefer safety. I will buy more as soon as o have the chance.

Costin Lungu

It’s a long term play, not really relevant if you like the stock. Entry price is only important or day trading and swing trading which I know nothing about

Generico Fakero

Dropping nicely. Shoulda waited a bit. @tomnash what’s your take on it? Should we average down or hold.

Elie Bellama

In for $5k as soon as you pick lol

Aryn Nakaoka

It’s an early stage company so the financials wouldn’t be of much use here

Generico Fakero

https://seekingalpha.com/news/3656590-biocryst-climbs-after-being-named-the-most-undervalued-stock-in-the-market

Costin Lungu

https://seekingalpha.com/news/3657683-biocryst-climbs-after-fda-approval-for-rapivab-in-infants

Costin Lungu

It's interesting that after good news it dropped

Costin Lungu

im in lets play :)

Rbix10

Can you share a screen shot please?

Mohamed

IMO the goal is not to pump a stock (and cause harm to the bagholder) but to find undervalued stocks so everyone is winning when mr. marker discovers the real value of the company

Charles Pare

We can ask all the patreons to join in and pull a wallstreetbets on it :))))

Costin Lungu

Just kidding I jumped in too soon lol. It will come back though. Not so worried

Elie Bellama

Can someone please help me understand what causes these huge fluctuations after and premarket?

Costin Lungu

The dip?

Costin Lungu

Looking forward for the dip to sell

Elie Bellama

Buy 2000 shares at 11.20

Elie Bellama

That Japanese approval was granted more than a week ago: https://www.zacks.com/stock/news/1251300/biocryst-bcrx-wins-japanese-approval-for-hae-drug-orladeyo?cid=CS-MKTWTCH-HL-analyst_blog|company_news_-_medical_sector-1251300&mod=mw_quote_news

Marco Nierop

We benefited from yours and we thank you for taking the time

Costin Lungu

Tom did a youtube live with Jason Raznick recently so Im assuming that Tom went on Benzinga to reciprocate.

Bruce Turnbull

Sold all the Nio and bought this. Fingers crossed. :))

Costin Lungu

Thanks for putting on Patreon first :-)

Charles Pare

400 shares at $10.68

Bruce Turnbull

Agree

Mr Makuffa

But live on Bezinga? what is that all about?!

Marco Nierop

Don't chase. Wait for a healthy pullback around yesterday's close, if possible (filling the gap)

Robert Tillung

OK, I will open a position too, will close an ADBE position for that, which has disapointed me quite a bit.. Lets see if this one does better. Looked over the latest 10Q, but financials and balance sheet are not really stellar, not that they would go bankrupt or something, but still a losing business.. But that might change if that Japanese approval comes out and the EU also approves that one or 2 medicines they have right now. This should boost their revenues the next few quarters. Also read the Januari 2020 presentation, Patients really like the medicins and are improving their lives tremendously, over 70% of the patients would take their pills, over existing medication administered with injections, also it improves the rate of HAE attacks (whatever that is LOL!). So when it is approved in more places around the world it should generate a lot of cash. Plus it is a medicine that patients should take on a daily basis, so revenues should grow, and grow, with little chance of decline. OK, I did my own research, how about you guys!

Marco Nierop

look at the short interest % - that is why the price is so low. its 20% shorted!

Generico Fakero

where in the benzinga stream did they talk about this company? Thanks!

Poom C

There's still an ugly gap in chart... It was partially closed, but between 9.06 and 9.45, it's still open,no?

Mr Makuffa

I dipped in at 400 shares. I'll take a 20% pump this week for sure then scale back so I can re-deploy to my basic strategy.

Loren Saunders

Love that you bought a few thousand... that's a pretty good indicator of your confidence level.

Loren Saunders

Just bought at 11.1

Avi Zloof

Dears, you should check TransEnterix inc. They were about 100usd stock, went down to 1usd, now they have changed ceo and business model simmilar to BNGO. Now theybare installing surgeon robots free to hospitals and charge for tools, soft and etc. Now it is back to 3usd +

Mantas LukoΕ‘iΕ«nas

I can also see in august 2019, stock dropped all the way to 1.9 and really only picked up post pandemic rally. Did you find any interesting facts about fundamentals changes in the company?

Jerome Van Herpe

Pre Market 11.90 +1.37 +13.01% Crazy...

Mr Makuffa

And it's already up by 11%

Costin Lungu

Can you give some insights on why you would think that? Or are you reserving this for one of your video?

Jerome Van Herpe


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